The latest ‘National Interest’ column, published 23 June, has elicited backlash and support in equal measure.
New Delhi: When he argued that the aggressive, ‘my-way-or-the-highway’ line...
Don’t just look at the two commando-comic channels and get brainwashed into believing everybody is like that and pronounce the end of Indian journalism.
Jignesh Mevani is new to this. With stature, he will grow a thicker skin and learn that denial of access to a journalist at an open event can’t be justified
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Whatever be the background – whether NPA started 70 years back or not – the issue remains as to how do (i) NPAs grow fourfold in 4 years, and (ii) in a similar manner how does IL & FS double borrowings in 4 years – it must be remembered IL & FS is a 30 – 40 year old company. I am not an economist – but one of the worst world economic scenarios prevailed during the UPA tenure. While on balance one may say India weathered this crisis relatively better than others, clearly the seeds of some NPAs may have been laid at this time. However subsequent to this the Power NPAs , and aggravation of the economic woes by demonetization and GST must take probably more than their fair share of blame. The Power NPAs are not in control – Sinha is incorrect – and there are other looming super hydra headed problems. Let us wait.
The tumour has been growing, becoming more malignant. Chemotherapy, radiation, all should have started in 2014. It is also a painful fact that sluggish growth and a number of interventions like demonetisation have accentuated the NPA problem.
Whatever be the background – whether NPA started 70 years back or not – the issue remains as to how do (i) NPAs grow fourfold in 4 years, and (ii) in a similar manner how does IL & FS double borrowings in 4 years – it must be remembered IL & FS is a 30 – 40 year old company. I am not an economist – but one of the worst world economic scenarios prevailed during the UPA tenure. While on balance one may say India weathered this crisis relatively better than others, clearly the seeds of some NPAs may have been laid at this time. However subsequent to this the Power NPAs , and aggravation of the economic woes by demonetization and GST must take probably more than their fair share of blame. The Power NPAs are not in control – Sinha is incorrect – and there are other looming super hydra headed problems. Let us wait.
The tumour has been growing, becoming more malignant. Chemotherapy, radiation, all should have started in 2014. It is also a painful fact that sluggish growth and a number of interventions like demonetisation have accentuated the NPA problem.